Carefully consider the data below: £2,100 was paid in relation to electricity during the accounting period ending on 31st January 2020. ● • The cost of the electricity consumption for the period 1st February 2019 to 31st January 2020 amounted to £2,125. The accrued expense in relation to electricity as at 31st January 2020 was £155. Calculate the amount owed in relation to electricity as at 31st January 2019. ● Select one: O a. £180 O b. £25 O c. £130 O d. £335

Carefully consider the data below: £2,100 was paid in relation to electricity during the accounting period ending on 31st January 2020. ● • The cost of the electricity consumption for the period 1st February 2019 to 31st January 2020 amounted to £2,125. The accrued expense in relation to electricity as at 31st January 2020 was £155. Calculate the amount owed in relation to electricity as at 31st January 2019. ● Select one: O a. £180 O b. £25 O c. £130 O d. £335

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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